SRT Marine Systems (LON:SRT) Hits New 52-Week High – Still a Buy?

SRT Marine Systems plc (LON:SRT) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 60 ($0.74) and last traded at GBX 59 ($0.73), with a volume of 541441 shares changing hands. The stock had previously closed at GBX 56 ($0.69).

SRT Marine Systems Stock Performance

The firm has a market capitalization of £133.58 million, a PE ratio of -1,500.00 and a beta of 1.04. The company has a debt-to-equity ratio of 97.12, a quick ratio of 1.01 and a current ratio of 0.84. The business’s fifty day simple moving average is GBX 44.48 and its 200-day simple moving average is GBX 37.09.

SRT Marine Systems (LON:SRT) last posted its earnings results on Monday, December 2nd. The company reported GBX (5.40) (($0.07)) earnings per share for the quarter. SRT Marine Systems had a negative net margin of 38.85% and a negative return on equity of 58.19%. As a group, equities research analysts expect that SRT Marine Systems plc will post 5.060241 EPS for the current year.

About SRT Marine Systems

SRT Marine Systems plc, together with its subsidiaries, develops and supplies automatic identification system (AIS) based maritime domain awareness technologies, products, and systems. The company offers systems, such as DAS-Digital ATON, a system that enhance port and waterway traffic control and navigation safety; NAIS-National Vessel Tracking System, a vessel identification and tracking system solution; MDM-Coastguard, a maritime domain surveillance system; VMS-Fisheries, a system for monitoring, managing, and controlling fishing vessels; and VTS-Ports and Waterways, a monitoring, managing, and controlling system for maritime infrastructure, ports, and waterways.